Algomtl
 
Detalle
China Materias primeras
Materias primeras

Vedanta faces protests at AGM over ethical record

DSC08554
The environmental and human rights record of the miner Vedanta Resources will be put under the spotlight during its annual meeting next week, when the India-based group will face protests from pressure groups and an attempt by activist shareholders to remove members of the board.
Vedanta, the world's biggest zinc producer, declined to comment yesterday on reports that the shareholder lobby group Pirc will propose the removal of Naresh Chandra, a non-executive director who chairs the London-listed group's health, safety and environment committee and its remuneration committee. Mr Chandra, a former Indian home secretary and ambassador to the United States, joined Vedanta's board in 2004. He was not available for comment yesterday.
Pirc, which also called on shareholders not to back the re-election of directors Euan McDonald and Aman Mehta, said: "The failure of the group to engage with explicit investor-led [environmental, social and governance] concerns over the impact of group activities... [is] evidence of a lack of competent oversight, in our view."Vedanta has consistently been attacked by a range of groups. Human rights and environmental organisations have criticised the company for its bauxite project in the Niyamgiri hills of eastern India's Orissa state. The local Dongria Kondh tribe argues that if the Indian government gives Vendanta's proposed mine a green light, their way of life will be lost. Pressure groups also complain that the project will be an environmental disaster.
Last year, the company's safety record was widely condemned after more than 100 workers were killed when a chimney collapsed at an aluminium plant in central India in which Vedanta has a 51 per cent stake through its subsidiary, Sterlite Industries. Vedanta had said the plant benefited from a "relatively low cost of operations and large and inexpensive labour and talent pools". Some of the company's biggest institutional investors, including Wellington Management Company and Standard Life Investments, refused to comment yesterday.
A clutch of non-corporate investors have sold their Vedanta shares in recent years, including the Joseph Rowntree Foundation, the Church of England and the Norwegian state pension fund. All blamed the company's ethical record. According to one analyst, the company "couldn't care less" about its reputation. However, in recent months, Vedanta has tried to reassure potential investors. Earlier this month, it published a 56-page document to accompany its annual report, which sought to highlight its social and environmental work.
Ubicación : SHICHEN ROAD, 300400 AITANTI,
Persona a contactar : tw aluminum, +15 0 22 12 77 19

Buen trato: comprar del vendedor

Visita nuestra guía para una transacción segura! En ningún caso Algomtl no se hace responsable de los anuncios. Sólo la responsabilidad del vendedor o del comprador en caso de litigio está involucrado.
Por favor, lea nuestras condiciones de uso. También puede visitar nuestras preguntas frecuentes y ver nuestra información sobre los riesgos relacionados con la falsificación.
Esta página es acerca de los importadores y exportadores de
Vedanta faces protests at AGM over ethical record

Buscar en la categoria : Materias primeras
Buscar en la categoria :
vedanta, ethical, record, protests, faces, over
Francia 528000 B2B Servicios
PVD Coated Stainless Steel Plate Sheet

Friday 05 January 2024

PVD (Physical Vapor Deposition) coated stainless steel plate sheet is achieved by depositing a thin layer of metal or compound on the stainless steel surface using a vacuum coating process. It creates a durable, decorative, and colored finish, commonly used in architectural and interior design...

Normandy Metal Industry Co., Ltd.

Alemania 73463 Mayoristas / proveedores
Le lot mixte des vêtements pour femme Articles

Tuesday 21 November 2017

Cantidad : 56 pcs - Precio : 7,90 €/pcs

D'origine: Pays-Bas : femme Saison: automne-hiver Lot: ≈ 56 pièce (18,9 kg) Nous sommes spécialisés sur l'import et export de fin de série de leader fabricant européen dans le secteur des habits de marques, souliers et accessoires. Nous proposons aussi des solutions simples et efficaces...

Postskriptum GmbH

  • 73463 - Westhausen
  • 004973639579203
  • 004915171304811
Alemania 73463 Ropa
Lot mixte des vêtements de grandes marques

Wednesday 08 November 2017

Cantidad : 500 Kilogr - Precio : EUR 21.9-22 / Kilogr

Lot mixte des vêtements pour femme et pour hommes. D'origine Europe. 1 Lot ou 500 kg pour 21,90€ une kg. Ce lot est composé des vêtements de grandes marques européennes. Le grand mélange de marque de vêtements pour hommes et pour femmes par les grandes fabricants mondiaux. Les produits...

Postskriptum GmbH

  • 73463 - Westhausen
  • 004973639579203
  • 004915171304811
 
Pago seguro

Informations

Les plus recherchés